Getting Ready for Monday Morning’s Trading

Here are the stocks, ETFs, and Leveraged ETFs you need to know for Monday morning.

The following securities are the most oversold and overbought according to ConnorsRSI for Monday’s trading. Click here to download your free copy of An Introduction to ConnorsRSI. This Watchlist was created using the TradingMarkets Screener.

Today’s Market Conditions

(Click Symbol for More Details)

Name Symbol ConnorsRSI
SPDR S&P 500 ETF SPY 27.78
Powershares QQQ QQQ 22.25
Russell 2000 ETF IWM 35.07
S&P GSCI Crude Oil TR Index ETN OIL 19.32
SPDR Gold GLD 79.24
20+ Year Trsy Bond Ishares TLT 93.41
VIX Short-Term Futures ETN Ipath VXX 59.25

 

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Click here to learn more about The 1st ConnorsRSI Trading Summit.

 

5 Most Oversold Stocks

Name Symbol ConnorsRSI Price
Aruba Networks ARUN 2.73 $22.71
Unumprovident Corp. UNM 2.74 $26.26
Compuware Corp. CPWR 4.61 $11.58
Manitowoc Company MTW 5.39 $18.38
Owens-Illinois OI 5.59 $24.74

 

5 Most Oversold ETFs

Name Symbol ConnorsRSI Price
South Korea Index MSCI Ishares EWY 2.78 $55.77
Canada Index MSCI Ishares EWC 12.79 $27.54
US Oil USO 15.69 $33.28
Australia Index MSCI Ishares EWA 17.90 $26.42
Hong Kong Index MSCI Ishares EWH 18.65 $19.46

 

5 Most Oversold Leveraged ETFs

Name Symbol ConnorsRSI Price
Ultrashort 20+ Year Treasury Pro TBT 6.51 $60.10
Ultrashort Euro Proshares EUO 13.79 $19.42
Ultra DJ-UBS Crude Oil Proshares UCO 14.65 $28.94
Ultrapro QQQ Proshares TQQQ 21.65 $58.08
Ultra QQQ Proshares QLD 22.31 $59.37

 

5 Most Overbought Stocks and ETFs

Name Symbol ConnorsRSI Price
Simon Property Group SPG 98.06 $166.23
Emrg Mkts Sovereign Debt Powersh PCY 96.73 $30.56
Education Realty Trust Inc. EDR 94.89 $11.10
Entergy Corp. ETR 94.67 $67.28
Yelp Inc. YELP 93.95 $25.70

 

Introducing The 1st ConnorsRSI Trading Summit

Click here to join Larry Connors for a live, interactive webinar on The 1st ConnorsRSI Trading Summit.

This is a unique opportunity to learn how to maximize the effectiveness of the ConnorsRSI momentum indicator across a variety of market conditions.